Besides the Hudson Theatre, do you see any new Broadway theaters being built or brought back any time soon. I know the Mark Hellinger could be a lost cause. But, It would be the ultimate gain for any of the 3 Big theatre owners. Also, any word on the new theatre the Shuberts were rumored to be building?
Correct me if I'm wrong, but didn't the Ambassador Theatre Group recently buy the Times Square Theatre on 42nd Street with plans to complete the renovation and reopen it as a legitimate Broadway house?
The premise of the OP is wrong. The 3 landlords are happy with the current inventory. Only people who don't know what they are doing are opening new theatres and we can see how that's going.